®

Value of Geospatial and

Standards to a National

Economy

Geospatial Business Leadership Form

Geospatial World Forum

Lisbon Portugal

26 May 2015

Mark E. Reichardt

President and CEO

mreichardt@myogc.org

Copyright © 2015 Open Geospatial Consortium

OGC ®

Open Standards Benefits for ICT Providers and Users

• Enhance Return on Investment

• Reduce risk

• Improve choice in the marketplace

• Avoid proprietary “lock in”

• Reduce costs

• Extend the life of current systems

• Innovate and rapidly mobilize new services

• Increase market reach and revenue

• Compete in international markets

© 2011, Open Geospatial Consortium

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Economic Value of Geo Services

● Oxera report on geospatial economic impact, commissioned

by Google 2013

Global geospatial yearly revenue: $150-$270 billion (2013)1

3.5 billion litres of gasoline/year saved globally (more than 0.1% of

total world gasoline production) (2013)1

Faster emergency response – estimated 152 lives saved in England

(2012)1

Other savings (2013): Travel time: 1.1 billion hours. Reduced

prices of infrequently bought goods: $1.1 billion. Agricultural

irrigation: $8-$22 billion/year. Shipping costs: GPS alone saves

$10 billion.1

OGC ®

Economic Value of Geo Services

● Contribution of Geo Services to the Canadian GDP through

productivity improvement: $20.7 billion or 1.1% of the Canadian

GDP in 2013.2

● Ireland: Geo Services’ direct contribution to Irish economy in

2012: € 69.3 million. Value of time savings: € 279 million.3

● In Australia, Geo Services contributed $6.4 - $12.6 billion to the

Australian gross domestic product (GDP), or 0.6% - 1.2% of the

Australian GDP in in 2006-2007.4

● In U.S., Geo Services annual revenue 2012: $75 billion. Economic

impact: $1.6 trillion in revenues (efficacy) and $1.4 trillion in cost

savings (efficiency)5

OGC ®

A Diversity of Validation Points

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Trends:

• UAV

• Precision farming

• In situ

• Crowd sourcing

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A Diversity of Validation Points Broad benefits of City Models

• Berlin Solar Atlas

– Complete 3D

model

– Use to identify

rooftop solar

potential, CO2

offset

• 31% of energy

from renewables

by end 2014

– Solar and wind

17% up from 12%

Copyright © 2015Open Geospatial Consortium

City Model based on OGC CityGML

OGC ®

Looking Ahead: Urban Resilience / Climate Change

Source: U.S. ENERGY SECTOR VULNERABILITIES TO CLIMATE CHANGE AND EXTREME WEATHER

http://energy.gov/sites/prod/files/2013/07/f2/20130716-Energy%20Sector%20Vulnerabilities%20Report.pdf

Weather Related Grid Disruptions

• Water Resources

• Extreme Weather

• Food

Source: CUAHSI, implements

OGC WaterML 2.0

OGC ®

Looking Ahead Climate Change and the need for Urban Resilience

Source: www.oecd.org/env/cc/39721444.pdf , from “Ranking of the World’s Cities Most Exposed to Coastal Flooding Today and in the Future”, © OECD

OGC ®

Summary

• Significant value of geospatial is being validated around

the globe

• Geospatial underpins our information infrastructure, and

enhances decision making

• Open standards, including geospatial standards of the

OGC and ISO provide further value

• Easing sharing of geospatial information

• Improve interoperability of ICT tools / services

• Reducing ICT costs and the time to mobilize new technologies

• Avoiding ICT procurement vendor lock-in

• Innovation and competitiveness

• Expand vendor market reach internationally

• Fast track research transfer to broad community use

Copyright © 2015Open Geospatial Consortium

OGC ®

From an OGC Member Company

Source: FMGlobal, Thomas Gay

Core of ELF – Insurance / Reinsurance Use Case